Agricultural Society Of Dawson County Inc is located in Lexington, NE. The organization was established in 2003. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 10/2023, Agricultural Society Of Dawson County Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agricultural Society Of Dawson County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Agricultural Society Of Dawson County Inc generated $603.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $725.5k during the year ending 10/2023. While expenses have increased by 11.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RUNNING THE DAWSON COUNTY FAIR AND 4-H SHOW
Describe the Organization's Program Activity:
THE ORGANIZATION IS IN CHARGE OF PUTTING ON THE DAWSON COUNTY FAIR AND 4-H SHOW
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Rhode Director | Trustee | 1 | $0 |
Beth Rogers Director | Trustee | 1 | $0 |
Corey Bender Director | Trustee | 1 | $0 |
Doug Rhode Director | Trustee | 1 | $0 |
Jason Schneider Director | Trustee | 1 | $0 |
Logan Vonderschmidt Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $341,335 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,860 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $357,195 |
| Total Program Service Revenue | $144,195 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $70,265 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $603,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,565 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,095 |
| Payroll taxes | $13,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $113 |
| Fees for services: Accounting | $7,826 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,028 |
| Office expenses | $21,291 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $184,937 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,365 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,950 |
| Insurance | $63,254 |
| All other expenses | $0 |
| Total functional expenses | $725,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,459 |
| Savings and temporary cash investments | $2,243 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,014,225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,057,227 |
| Accounts payable and accrued expenses | $16,558 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $58,322 |
| Total liabilities | $74,880 |
| Net assets without donor restrictions | $982,347 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,057,227 |